The terms ‘treaty shopping’ and ‘round tripping’ is often seen in the news with respect to capital inflows into a country. In this context consider the following statements:
1. An Indian national investing in India indirectly by channelizing the investments through Singapore to make use of a ‘treaty’ that India has with Singapore is called Treaty Shopping.
2. An American national investing in India indirectly by channelizing the investments through Singapore is called as Round Tripping.
3. Treating Shopping and Round Tripping are one and the same.
Which of the statements given above is/are incorrect?
The terms ‘treaty shopping’ and ‘round tripping’ is often seen in the news with respect to capital inflows into a country. In this context consider the following statements:
1. An Indian national investing in India indirectly by channelizing the investments through Singapore to make use of a ‘treaty’ that India has with Singapore is called Treaty Shopping.
2. An American national investing in India indirectly by channelizing the investments through Singapore is called as Round Tripping.
3. Treating Shopping and Round Tripping are one and the same.
Which of the statements given above is/are incorrect?
Options
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